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» Resultado: 2 registros
| Registro 1 de 2 | |
| Autor: | Baldacci, Emanuele - Gupta, Sanjeev - Mulas Granados, Carlos |
| Título: | Debt reduction, fiscal adjustment, and growth in credit-constrained economies |
| Fuente: | Journal of Applied Economics. v.18, n.1. Universidad del CEMA |
| Páginas: | pp. 71-97 |
| Año: | May 2015 |
| Resumen: | This paper assesses the effects of fiscal consolidations associated with public debt reduction on medium-term output growth during periods of private debt deleveraging. The analysis covers 107 countries and 79 episodes of public debt reduction driven by discretionary fiscal adjustments during the 1980-2012 period. It shows that expenditure-based, front-loaded fiscal adjustments can dampen growth when there are credit supply restrictions. Instead, fiscal adjustments that are gradual and rely on a mix of revenue and expenditure measures can support output expansion, while reducing public debt. In this context, protecting public investment is critical for medium-term growth, as is the implementation of supply-side, productivity-enhancing reforms. |
| Palabras clave: | DEUDA | PAGOS INTERNACIONALES | DATOS ESTADISTICOS | PRODUCTO BRUTO INTERNO | CRECIMIENTO ECONOMICO | ANALISIS ECONOMICO | ESTUDIO DE CASOS | MERCADO FINANCIERO | BANCOS | POLITICA FISCAL | AJUSTE FISCAL | CREDITO | DEUDA EXTERNA | |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
| Registro 2 de 2 | |
| Autor: | Gupta, Sanjeev - Davoodi, Hamid - Alonso-Terme, Rosa |
| Título: | ¿Afecta la corrupción a la desigualdad del ingreso y la pobreza? |
| Fuente: | Revista Internacional de Presupuesto Público. año 26, n.39. Asociación Internacional de Presupuesto Público, ASIP |
| Páginas: | pp. 51-89 |
| Año: | mar.-abr. 1999 |
| Palabras clave: | DESIGUALDAD SOCIAL | CORRUPCION | POBREZA | |
| Solicitar por: | HEMEROTECA R + datos de Fuente |
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